LOVE - Lovesac Earnings: What to Watch on Wednesday
Lovesac (NASDAQ: LOVE) is slated to report its results for the fourth quarter and full year of fiscal 2021 before the market open on Wednesday, April 14. A conference call is scheduled for that day at 8:30 a.m. EDT.
Many investors are probably feeling optimistic about the premium beanbag and modular furniture retailer's upcoming report. In the first three quarters of the fiscal year, its revenue and earnings have beat Wall Street's consensus estimates.
Shares have raced out of the gate in 2021, as they're up about 66% through April 9. The S&P 500 has returned 10.5% over this period. Over the last year, shares of Lovesac (which held its initial public offering in June 2018) are up a whopping 1,150%, compared with the broader market's 50.5% return.
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Lovesac Earnings: What to Watch on Wednesday